The Uptick in the Rig Count Has Hit A Brick Wall. $60 WTI Balances the Global Crude Market. Saudi to Cut Production Despite Political Firestorm. In the first half of 2016, oil prices bottomed at ...
(Update) June 10, 2025, 5:14 PM EST: Article updated with DOE statement. North America cut two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published ...
North America added two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 8. Although the U.S. dropped one rig week on week, Canada ...
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